Stay away from equities....they will lose more.....it is now time to invest in hard assets....gold, silver, platinum....commodities will be huge!

Its all an illusion, hard assets never change value, only the currency they are denominated in does. Gold is gold, silver is silver.

You can by 1/10 of a Troy ounce on the NYMEX...symbol GLD.

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"You will get there, but it is up to you and you alone. It is what you are willing to do, and how you are willing to get there. You must be relentless, you must be tireless, you must pursue at all costs, so that you are ready, when the time is right." -Dad

someone please to explain how to invest in gold? I am unfamiliar with how investing in gold works. I mean if everyone is investing in it, as they should be according to what ive been reading, how can anyone benefit from it? What am i thinking of here...efficient market hypothesis. This applies to debt and equity, but does it apply to commodities as well?

I would also look at some distressed debt funds: in many cases these have been too aggressively marked w/ OK pools that are priced as if 50%+ of the underlying pools of RMBS (Alt-A pools yielding in the teens and discounted over 30%). That's why some experienced managers like BLK have set these up.

If you know what the ABX-HE-AAA is then you are on your way.

Companies w/ lower leverage, good cashflow and generally higher-quality balance sheets will come through this OK.

I would be underweight global cyclicals in materials until we see the global macro deceleration play out into 2009.